4278 E LANTERN Place, Gilbert, AZ 85297
POWER RANCH NEIGHBORHOOD 1 · Maricopa County
Key Facts
Listing Courtesy: Keller Williams Integrity First Realty - 4808542400
Description
Brand new AC! Located in the highly sought-after, award-winning community of Power Ranch in South Gilbert, this 3 bedroom + den, 2.5-bath home offers an exceptional opportunity to create your dream space in one of the East Valley's most desirable neighborhoods. The home features a functional split floor plan that provides both privacy and versatility for modern living. The home backs to a serene common area with view fencing, giving the backyard an open, peaceful feel. Enjoy a relaxing outdoor setting complete with a tranquil pond and a private putting green, perfect for quiet mornings or entertaining guests. This property presents a fantastic opportunity for buyers looking to personalize and update a home to their own taste. With a great layout, and an unbeatable location, the potential here is undeniable. Power Ranch residents enjoy access to top-rated amenities including pools, parks, trails, and community events, all within close proximity to shopping, dining, and top-rated Gilbert schools.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
2003
Stories
1
Living Area
2,073 sq ft
Lot Size
0.18 acres
Garage Spaces
3
Parking Spaces
3
Listing #
7024907
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Parking
Laundry
Patio
Fencing
Lot Features
Construction
Roof
Windows
Community
Utilities
Sewer
Water Source
Schools
- Elementary:
- Power Ranch Elementary
- Middle:
- Sossaman Middle School
- High:
- Higley High School
Financial Details
HOA
$402 / Quarterly
PRCA
Annual Taxes
$2,117
Tax year 2025
Parcel Number
313-02-464
Directions
N on Ranch House Parkway to Tannery Rd, W to Rim Rd, N to Lantern W to home
Affordability Calculator
$102,000
Estimated monthly payment
$2,714/mo
Principal $408,000 · Est. interest $569,196 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Gilbert, AZ
- $623,671
- Median Listing Price
- 61
- Median Days on Market
- 2,267
- Median Sq Ft
- $288
- Median Price / Sq Ft
- 811
- Active Listings
- This home’s price is 18% below the area median.
- Its price per sq ft is 15% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Gilbert, AZ.
Location
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Points of Interest in Gilbert, AZ
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Similar Home Values
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| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4118 E JASPER Drive, Gilbert, AZ | $360,000 | 2 | 2 | 1,188 |
| 4035 E WINDSOR Drive, Gilbert, AZ | $360,000 | 3 | 2 | 1,463 |
| 240 W JUNIPER Avenue 1169, Gilbert, AZ | $364,900 | 2 | 2 | 1,206 |
| 475 S SEAWYNDS Boulevard, Gilbert, AZ | $364,900 | 2 | 3 | 1,168 |
| 2750 S VOYAGER Drive 101, Gilbert, AZ | $365,000 | 2 | 2 | 1,096 |
| 3630 E LESLIE Drive, Gilbert, AZ | $369,999 | 3 | 2 | 1,303 |
Moving Cost Estimate
EXIT Agents in Gilbert
Last Updated: 2026-05-07